Five short years ago, the idea that any serious discussion about global enforcement trends would have to include news from China and India would have been laughable. Those countries stood not for enforcement but for uncontrolled and unpunished graft. Today -- against all earthly odds -- they're fast becoming global leaders for anti-corruption compliance and enforcement. That's gotta be a miracle.
Shanghai-based Wison Engineering Services Co. said Friday that its chairman was arrested by Chinese police for "alleged bribery activity."
China’s lawmakers have reviewed a draft amendment to the workplace safety law that will increase oversight, impose harsher punishment, and slap a ban on new projects for offenders.
Frederic Cilins, 51, a French citizen, pleaded guilty Monday in the Southern District of New York to obstructing a federal criminal investigation into whether a mining company paid bribes to win mining rights in the Republic of Guinea.
A friend of the court (amicus) brief explaining the fundamentals of compliance programs should be prepared, possibly by a new working group led by former DOJ and SEC officials, facilitated by the Rand Center for Corporate Ethics and Governance. The door is open for the opportunity.
French banks Societe Generale and Credit Agricole are being investigated by U.S. authorities for alleged money laundering and economic sanction breaches involving Iran, Cuba and Sudan.
The European Commission issued a draft regulation on conflict minerals Wednesday, outlining a voluntary self-certification system that's not limited to central Africa.
An Irvine, California woman was sentenced Friday to 37 months in federal prison for defrauding a group of Roman Catholic Sisters out of $285,000, which she misappropriated and spent on herself after promising to use the money to help the nuns buy a retirement home.